Valens Research – UAFRS vs As Reported Weekly Highlights – November 15, 2019
November 15, 2019
Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.
Salesforce.com, Inc. (CRM)
Stock Option Expense Distortion
SiteOne Landscape Supply, Inc. (SITE)
Operating Lease Distortion